FISCAL COUNCIL: Room for growth of salaries in the public sector

In addition to pensions, there's room in the budget for the raising of salaries, by around 6% in the total mass, but it is important to to go for a linear increase for everybody, said Nikola Altiparmakov, a member of the Fiscal Council.

He believes that, based on the analyses, bigger raises should be given to key underpaid sectors, such as medical doctors and nurses, and notes that little has been done so far to achieve a just distribution of earnings in the public sector.

Pointing out that it could be said that public finances have been put in order for the time being, Altiparmakov told Blic that one of the results of the stabilization of public finances was the abolition of the temporary austerity measures and that conditions were met for the abolition of the temporary Law on the Reduction of Pensions.

Ahead of the arrival of the IMF delegation to Belgrade, Altiparmakov says that it is very positive and important that the Government has decided to continue cooperating with this financial institution.

– In addition to maintaining good economic and fiscal results, the new three-year arrangement with the IMF should also deal with the reform of public enterprises, which was largely put aside in the previous arrangement – Altiparmakov said.

According to him, putting public finances in order was the requirement for a sustainable growth of the standard of living in Serbia, but he says that this requirement is necessary, but not sufficient for a long-term growth of the living standard.

The current challenges, he believes, concern the construction of strong and efficient institutions, an efficient judiciary, the modernization of tax policy, legal security, reform of healthcare and education...

Fiskalni savet Republike Srbije

Međunarodni monetarni fond-MMF Beograd

Fiscal Council

International Monetary Fund

IMF

growth of salaries

growth of pensions

raising salaries

salaries in Serbia

Nikola Altiparmakov

Law on the Reduction of Pensions

earnings

salaries

IMF arrangement

reform of public enterprises

public enterprises

standard of living

growth of the living standard

tax policy

healthcare reform

reform of education

efficient judiciary